A Biased View of Residual Income In Malta - Passive Residual Income

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TopCashBack is an online shopping money back website where you get a percentage discount on anything you buy online. What you do is start in the TopCashBack site then click through one of those 4,000 retailers with a money back program.

These are everything from Nike to Home Depot and you also get from 3% to 25% cash back on anything you purchase. Youre still shopping directly on the merchants site so that you get the rest of the discounts and deals they provide, you just get an extra bonus for going via the TopCashBack web site first. .

TopCashBack is a little better with the ordinary money back around 6% of your purchase so if you spend $1,000 online youre going for $60 back. Again, not something thats going to make you rich because you have to buy stuff to find the money back but its completely free money on the things you were going to buy anyway. .

 

 

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Our next passive income idea is blogging. Im not a huge fan of the term blogger as it sounds just like youre just writing random notes on a website. In fact, owning your own piece of electronic property is big money.

I began my own websites in December 2014 and broke $5,000 a month just two decades later. I averaged $5,500 through 2017 and thats not including side holiday work I did freelancing.

 

 

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Blogging is going to require work starting out. That path to $5,000 per month didnt happen overnight but only like property development, it build an advantage that now generates constant cash flow if I work or not. I get over 30,000 visitors a month from Google search rankings, rankings that will continue to send visitors even when I take a little time away. .

Now Im working on a movie to talk about five secrets to starting a blog that Ive learned within the last four years from how to boost visitors to the simplest ways to earn money so make sure you subscribe to this channel so you dont miss it when it comes outthere. .

 

 

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The try this website biggest secret to success in this passive income source however, is to simply begin. There are variables like website age that play into getting ranked on Google and the sooner you get started, the better.

 

 

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You can begin your site for less than $5 per month with Blue Host and spend only a few hours every week to assemble it while you wait for it to begin producing that income you can count on.

 

 

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Ill leave a link to a special offer by Blue Host below. Dont wait until you need the extra money to start your own blog. I had been making a grand a month off my sites within a year of launching even though your blog isnt big enough to replace your work, a grand a month is still pretty nice for a mainly passive income resource. .

I talked about this next passive income idea in a recent movie on the five investments which let me make money while stocks were crashing. Remember thatback in February when the stock market plunged 10% within 2 weeks I came out ahead because I had property crowdfunding and p2p lending to smooth out my portfolio. .

Want to start in property investing Check out this movie where I show the four keys I learned more than 20 years as a property investor. Four measures to choose that can guarantee your success! Watch the movie here on YouTube.

 

 

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I began my professional career as a commercial real estate analyst and Ive managed my own rental properties so property has always had a special spot in my portfolio. No other asset has created as much long-term wealth as property.

There are a couple of problems with direct investment in real estate though. Its expensive to buy even a single property, a minimum of tens of thousands of dollars, and theres no way many investors can build a portfolio of different land types and in different regions to protect from those dangers when you've got all your money in just one or two investments. .

StREITwise provides a hybrid investment between traditional REIT fund investing and the new crowdfunding. The fund is similar to a real estate investment trust in that it holds a collection of properties but more like crowdfunding in its own management. The fund has paid a 10% annualized return since inception and is a fantastic way to increase your property exposure. .

 

 

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The stREITwise 1st stREIT Office REIT invests in high quality office properties and as of this date of this video, has paid a 10% annualized dividend. The fund is managed by seasoned real estate professionals that have obtained or managed over $5.4 billion in property and across all property types.

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